Harvest Miracle Capital Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Harvest Miracle Capital Berhad has a total shareholder equity of MYR315.2M and total debt of MYR2.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are MYR338.1M and MYR22.8M respectively.
Key information
0.6%
Debt to equity ratio
RM2.00m
Debt
| Interest coverage ratio | n/a |
| Cash | RM46.79m |
| Equity | RM315.23m |
| Total liabilities | RM22.83m |
| Total assets | RM338.05m |
Recent financial health updates
We Think Vortex Consolidated Berhad (KLSE:VC) Can Stay On Top Of Its Debt
Feb 10
Is Vortex Consolidated Berhad (KLSE:VC) Using Debt Sensibly?
Dec 16
Recent updates
Harvest Miracle Capital Berhad's (KLSE:HM) 28% Share Price Surge Not Quite Adding Up
Feb 27Harvest Miracle Capital Berhad's (KLSE:HM) Business Is Yet to Catch Up With Its Share Price
Jun 17We Think That There Are Some Issues For Vortex Consolidated Berhad (KLSE:VC) Beyond Its Promising Earnings
Jun 03We Think Vortex Consolidated Berhad (KLSE:VC) Can Stay On Top Of Its Debt
Feb 10There's Been No Shortage Of Growth Recently For Vortex Consolidated Berhad's (KLSE:VC) Returns On Capital
Nov 30Vortex Consolidated Berhad (KLSE:VC) Might Have The Makings Of A Multi-Bagger
Aug 27Vortex Consolidated Berhad (KLSE:VC) Is Experiencing Growth In Returns On Capital
Apr 01Is Vortex Consolidated Berhad (KLSE:VC) Using Debt Sensibly?
Dec 16Financial Position Analysis
Short Term Liabilities: HM's short term assets (MYR111.1M) exceed its short term liabilities (MYR15.6M).
Long Term Liabilities: HM's short term assets (MYR111.1M) exceed its long term liabilities (MYR7.3M).
Debt to Equity History and Analysis
Debt Level: HM has more cash than its total debt.
Reducing Debt: HM's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.1% per year.